🚨My personal prediction:
The SOL/USDT daily chart you shared shows a clear bullish trend:
• Current Price: $182.14 (+2.15% daily gain).
• 24h High/Low: $183.66 / $174.91.
• Recent High: $184.67.
• Volume: Solid volume, around 3.52M SOL traded in 24 hours.
• Trend: Strong rally from the $126 low (end of June) to current levels.
• Moving Averages: The MA(5) and MA(10) are both sloping upwards, confirming momentum.
Key Observations:
• Resistance Zone: Around $184.67–$187.61. Price is nearing this supply zone.
• Support Zone: Around $161.79–$174.70 in case of pullback.
• Momentum: 7, 30, and 90-day returns are all positive, suggesting short-to-medium-term bullish momentum.
Summary:
You’re in a breakout rally approaching a resistance level ($184–$187). If it breaks above $187.61 with volume, it could continue higher. Otherwise, expect some consolidation or a pullback.
#sol #bull $SOL #Write2Earn